The Global Electricity Revolution for Consumers

Completed

Other Cross-Cutting Technologies or Research(Energy system analysis)
Other Power and Storage Technologies(Electricity transmission and distribution)

Applied Research and Development

SOCIAL SCIENCES (Business and Management Studies)
ENGINEERING AND TECHNOLOGY (Electrical and Electronic Engineering)

Not Cross-cutting
Sociological economical and environmental impact of energy (Consumer attitudes and behaviour)
Sociological economical and environmental impact of energy (Technology acceptance)
Sociological economical and environmental impact of energy (Other sociological economical and environmental impact of energy)

Project Contact
Tempus Energy Limited

Collaborative Research & Development

Innovate UK

01 May 2015

30 April 2017

24 months

£683,560

South East

Competition Call: 1405_CRD_ENE_GEN_ENCATESR1 - Not Available. Activity Energy Catalyst Rnd 1 Late Stage

Project Contact, Tempus Energy Limited

Project Contact, Sustainability First
Project Contact, Viriya Energy Ltd
Project Contact, Wireless Energy Management Systems International Limited
Project Contact, One Sight Solutions Limited

Tempus Energy TE has been established to exploit a disruptive technology and business model that permits all electricity users to benefit directly in electricity cost savings. The TE technology can shift realtime consumption patterns to optimise trading on the electricity market within each half hour, through prediction and consumer usage management, leading to buying electricity more cost effectively. This project will demonstrate the technology with real customers, both domestic, commercial and electricity storage. To demonstrate the value of better matching usage to periods when wholesale prices are low, either because demand is low or power from renewable sources is plentiful, TE will launch as an electricity supplier and build an ecosystem of technology partners which connect the SAM and the trading platform to the consumers. The project will focus on enabling the connectivity of this value chain such that it delivers substantial financial and environmental benefits. TE aims to unlock the smart energy business model in UK and overseas.Tempus Energy TE has been established to exploit a disruptive technology and business model that permits all electricity users to benefit directly in electricity cost savings. The TE technology can shift realtime consumption patterns to optimise trading on the electricity market within each half hour, through prediction and consumer usage management, leading to buying electricity more cost effectively. This project will demonstrate the technology with real customers, both domestic, commercial and electricity storage. To demonstrate the value of better matching usage to periods when wholesale prices are low, either because demand is low or power from renewable sources is plentiful, TE will launch as an electricity supplier and build an ecosystem of technology partners which connect the SAM and the trading platform to the consumers. The project will focus on enabling the connectivity of this value chain such that it delivers substantial financial and environmental benefits. TE aims to unlock the smart energy business model in UK and overseas.Tempus Energy TE has been established to exploit a disruptive technology and business model that permits all electricity users to benefit directly in electricity cost savings. The TE technology can shift realtime consumption patterns to optimise trading on the electricity market within each half hour, through prediction and consumer usage management, leading to buying electricity more cost effectively. This project will demonstrate the technology with real customers, both domestic, commercial and electricity storage. To demonstrate the value of better matching usage to periods when wholesale prices are low, either because demand is low or power from renewable sources is plentiful, TE will launch as an electricity supplier and build an ecosystem of technology partners which connect the SAM and the trading platform to the consumers. The project will focus on enabling the connectivity of this value chain such that it delivers substantial financial and environmental benefits. TE aims to unlock the smart energy business model in UK and overseas.Tempus Energy TE has been established to exploit a disruptive technology and business model that permits all electricity users to benefit directly in electricity cost savings. The TE technology can shift realtime consumption patterns to optimise trading on the electricity market within each half hour, through prediction and consumer usage management, leading to buying electricity more cost effectively. This project will demonstrate the technology with real customers, both domestic, commercial and electricity storage. To demonstrate the value of better matching usage to periods when wholesale prices are low, either because demand is low or power from renewable sources is plentiful, TE will launch as an electricity supplier and build an ecosystem of technology partners which connect the SAM and the trading platform to the consumers. The project will focus on enabling the connectivity of this value chain such that it delivers substantial financial and environmental benefits. TE aims to unlock the smart energy business model in UK and overseas.Tempus Energy TE has been established to exploit a disruptive technology and business model that permits all electricity users to benefit directly in electricity cost savings. The TE technology can shift realtime consumption patterns to optimise trading on the electricity market within each half hour, through prediction and consumer usage management, leading to buying electricity more cost effectively. This project will demonstrate the technology with real customers, both domestic, commercial and electricity storage. To demonstrate the value of better matching usage to periods when wholesale prices are low, either because demand is low or power from renewable sources is plentiful, TE will launch as an electricity supplier and build an ecosystem of technology partners which connect the SAM and the trading platform to the consumers. The project will focus on enabling the connectivity of this value chain such that it delivers substantial financial and environmental benefits. TE aims to unlock the smart energy business model in UK and overseas.

04/12/15